Widely used as a disinfectant and preservative in medical laboratories and mortuaries due to its ability to fix tissues and prevent decay. Commonly employed in the production of industrial resins, such as urea-formaldehyde and phenol-formaldehyde, which are key components in plywood, particleboard, and other wood-based panels. Used in the textile industry to provide crease resistance and improve durability of fabrics. Plays a role in the manufacturing of fertilizers, pesticides, and some pharmaceuticals. Also utilized in embalming fluids and in vaccine production to inactivate viruses and toxins.